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Every business owner needs a comprehensive asset protection plan because owning and operating a business can be risky.
Businesses may default on accounts with vendors, or default on mortgages or other secured loans from banks all of which may be personally guaranteed by the owners. |
In addition, owners or employees may commit negligent acts while carrying out company activities. Consumers may bring claims for injuries suffered due to the sale of defective products, or claims based on unfair and deceptive business practices. Claims by employees, such as wrongful discharge and sexual harassment, are on the rise. These risks could bring about financial disaster for business owners, resulting in the loss of both business and personal assets.
| Personal and business assets can be placed in protected entities out of the reach of creditors, so that, even in a worst-case scenario (e.g., a judgment in a major lawsuit or a bankruptcy filing), there will be limited or no loss of assets. This can be accomplished through the use of the following: |
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| which own a Limited Liability Company (LLC). A multi-layered approach to asset protection offers redundant protection. One strategy alone may not be sufficient to prevent loss. Taken together, a Limited Liability Company owned by an offshore asset protection trust can present an insurmountable barrier to creditors. Today, it is entirely possible to protect all of the business owner's personal and business assets, even in the worst of financial circumstances |
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We do not limit your planning to any one strategy; however we do limit ourselves to tax compliant, legitimate time-tested business and asset protection structures. Our job is to help you build and implement a compliant strategy that fits your life-long needs. Your plan can encompass your business, your home, and your personal life. Your estate, including your generational wealth and succession planning can also be considered. We start out with the premise that all options are on the table and then develop a strategy that meets with your goals in this ever-changing global environment. |
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Secure Your Financial Future Now! Call Us Today 1-818-906-0126 |
